Cheung Kong stake purchase sends Avic International shares soaring

Shares of Avic International Holding (HK), a Hong Kong unit of state-backed aviation equipment maker Aviation Industry Corporation of China, jumped as much as 43.5 per cent in morning trading on Tuesday on news that tycoon Li Ka-shing’s property-to-ports conglomerate Cheu

via South China Morning Post - Business feed http://ift.tt/1ABFGYe